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London council to sell Henry Moore work to pay bills

LONDON (Reuters) - One of London's most deprived boroughs decided on Wednesday to sell a Henry Moore sculpture valued at up to 20 million pounds ($32 million) to ease its debts, despite pressure from the art establishment to hold on to the imposing bronze work. Tower Hamlets says nearly half the children in the area live in poverty, the highest level in the UK, and that the council needs to find 100 million pounds in savings over the next three years to meet government budget targets. Mayor Lutfur Rahman defended what he called a...

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